Unit 1: Economics and Globalization

Lesson 1b: How to Reduce Scarcity - Introduction to Economics and the 5Es

Assignments: Readings

Syllabus The 5Es of Economics (VERY IMPORTANT!) Ch. 3, pp. 64-65 (19th, 58-59) "Efficient Allocation" Ch. 3, p. 55 (19th, 49) "Diminishing Marginal Utility" Ch.1, Appendix on Graphing Lecture Outline

HOME Lesson 1b